TRMD logo

TORM plc (TRMD)

$39.89

Quotes are delayed by 15 minutes.

1D

1W

1M

3M

6M

YTD

1Y

2Y

5Y

ALL

Key data on TRMD

Market cap

$4.09B

EPS

2.85

P/E ratio

--

Price to sales

3.06

Dividend yield

24.066%

Beta

0.076468

Price on TRMD

Previous close

$38.53

Today's open

$39.01

Day's range

$38.86 - $40.09

52 week range

$19.30 - $41.86

Profile about TRMD

CEO

Jacob Balslev Meldgaard

Employees

479

Headquarters

London,

Exchange

Nasdaq Global Select

Shares outstanding

102650777

Issue type

Common Stock

TRMD industries and sectors

Energy

Fossil Fuels

News on TRMD

Buy 7 October Dividend Power Dogs If You Dare

Invesco Mortgage Capital (IVR), MFA Financial (MFA), and five others lead the October Dividend Power list with high yields and 'safer' dividends backed by free cash flow. Top ten Dividend Power stocks are projected to deliver average net gains of 86.23% by October 2027, with analyst targets indicating significant upside potential. Dividend Power strategy focuses on high earnings yield and top dividend yield, favoring underpriced, high-yielding 'underdog' stocks for contrarian, income-focused investors.

news source

Seeking Alpha • Oct 14, 2026

news preview

13 Graham Value Dividend All-Stars (GVAS) Shine In October

October's top GVAS dividend stocks offer projected net gains of 27.17% to 67.83% by October 2027, with an average estimated return of 42.47%. Thirteen of twenty-seven 'safer' lowest-priced GVAS stocks are currently fair-priced and considered ideal for purchase, balancing positive free cash flow and dividend yields. Yield-focused strategies highlight energy and shipping names, but caution is advised for stocks paying dividends from borrowed funds or with negative free cash flow margins.

news source

Seeking Alpha • Oct 15, 2026

news preview

TORM plc Upgrades Full-Year Guidance

HELLERUP, Denmark, Oct. 12, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, TORM has increased its full-year guidance for 2026. TORM now expects full-year 2026 TCE to be in the range of USD 1,700 – 1,900m and full-year 2026 EBITDA to be in the range of USD 1,300 – 1,500m, compared to previous guidance of TCE of USD 1,400 – 1,600m and EBITDA of USD 1,000 – 1,200m.

news source

PRNewsWire • Oct 12, 2026

news preview

TORM plc Announces Change to the Board

HELLERUP, Denmark, Oct. 9, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) announces that, following Oaktree Capital Management and its affiliates no longer holding an ownership interest in TORM, Christopher Boehringer has stepped down from TORM's Board of Directors with immediate effect. Christopher Boehringer joined the Board in 2015 and has played an important role in supporting TORM throughout a period of significant transformation and growth.

news source

PRNewsWire • Oct 9, 2026

news preview

Major Shareholder Announcement

HELLERUP, Denmark, Oct. 8, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.à r.l. ("Njord Luxco") as of 6 October 2026 no longer holds any shares and voting rights in TORM plc.

news source

PRNewsWire • Oct 8, 2026

news preview

TORM: Overhang Gone, Ready To Fly

TORM plc is upgraded to Buy with a 20% upside to $46.5 per share, driven by strong Q4 prospects and the removal of shareholder overhang. Q4 earnings could surpass $4.5 EPS if current product tanker rates persist, implying a potential $3.15 dividend—about 8% of market cap in one quarter. The main risk is the reopening of the Strait of Hormuz, but I do not consider it probable until after the U.S. midterms.

news source

Seeking Alpha • Oct 8, 2026

news preview

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

HELLERUP, Denmark, Oct. 7, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 61,105 Class A shares, corresponding to a nominal increase of USD 611.05, as a result of the exercise of a corresponding number of Restricted Share Units ("RSUs"). Of the new shares issued, 57,772 Class A shares were subscribed for in cash at DKK 179.80 per share, and 3,333 Class A shares were subscribed for in cash at DKK 124.20 per share.

news source

PRNewsWire • Oct 7, 2026

news preview

TORM plc announces closing of secondary public offering of its class A common shares

HELLERUP, Denmark, Oct. 7, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (Nasdaq: TRMD or TRMD A) today announces the closing of the previously announced secondary public offering of 6,329,874 (six million three hundred twenty-nine thousand eight hundred seventy-four) of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates.

news source

PRNewsWire • Oct 7, 2026

news preview

Undercovered Dozen: Brookfield Renewable, Annaly Capital, Seagate, And More

The Undercovered Dozen series spotlights 12 lesser-covered stocks featured on Seeking Alpha. This curated selection aims to provide fresh investment ideas and foster community discussion around under-the-radar equities. Readers are encouraged to engage, share perspectives, and highlight additional overlooked investment opportunities.

news source

Seeking Alpha • Oct 7, 2026

news preview

TORM plc announces pricing of secondary public offering of its class A common shares

HELLERUP, Denmark, Oct. 6, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the pricing of a secondary public offering of 6,329,874 (six million three hundred twenty-nine thousand eight hundred seventy-four) of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates, for gross proceeds to the Selling Shareholder of approximately U.S. $253,500,000 (two hundred fifty-three million five hundred thousand).

news source

PRNewsWire • Oct 6, 2026

news preview

¹ Disclosures

Get started with M1

Invest in TORM plc

Open an M1 investment account to buy and sell TORM plc commission-free¹. Build wealth for the long term using automated trading and transfers.

Invest in TRMD on M1